2022-05-13T08:30:59-05:00 2021-06-30 420714325 RSM US LLP 30 South Wacker Dr Ste 3300 Chicago IL 60606 990 2020-07-01 363640583 The Big Ten Conference Inc BIGT 8476961010 5440 Park Place Rosemont IL 60018 Laura Anderson Chief Financial Officer 8476961010 2022-05-06 1 Laura Anderson 999009999 Rebekuh Eley P01247672 3126343400 2022-05-06 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Kevin F Warren 5440 Park Place Rosemont IL 60018 679838570 0 X www.BigTen.org X 1987 DE The Big Ten Conference ("Big Ten or "Conference") is an association of world-class universities whose member institutions share a common mission of research, graduate, professional and undergraduate teaching and public service. Founded in 1896, the Big Ten has sustained a comprehensive set of shared practices and policies that enforce the priority of academics in student-athletes' lives and emphasize the values of integrity, fairness and competitiveness. 14 0 66 0 0 0 0 0 719403997 615510951 48675521 63563656 851336 763963 768930854 679838570 689485245 670938344 0 0 13358024 13108050 0 0 0 24567994 22404927 727411263 706451321 41519591 -26612751 328709453 378941858 132474952 112503977 196234501 266437881 X The Big Ten Conference is an association of world-class universities whose member institutions share a common mission of research, graduate, professional and undergraduate teaching and public service. Founded in 1896, the Big Ten has sustained a comprehensive set of shared practices and policies that enforce the priority of academics in student-athletes' lives and emphasize the values of integrity, fairness and competitiveness. 0 0 670938344 670938344 614294226 The Conference collects revenue on behalf of the member schools from football and basketball television contracts, bowl games, football championship game, and basketball tournaments, as well as grants from the National Collegiate Athletic Association (NCAA), and remits the revenue to the member schools' athletic department. 2704219 0 0 Officiating - The Conference provides neutral third-party officials for several conference-sponsored sports (baseball, basketball, field hockey, football, volleyball, men's soccer, women's soccer, women's lacrosse, softball, wrestling and ice hockey); oversees management of the officiating program (e.g., assigning officials, finance administration, etc.); and administers annual clinics, rule reviews, and other programs designed to enhance the skills of participating officials. 2018775 0 110021 Championships - The Conference declares conference champions in twenty-eight sports and oversees twenty-seven season-ending championships/tournaments. 1163080 0 0 Programming Initiatives - The Conference partners with broadcast partner, Big Ten Network, to provide additional linear events broadcast on BTN to expand coverage across all Conference sports. Additionally, in partnership with BTN, the Conference creates programming highlighting non-athletic achievement at each of its 14 member institutions. 151623 0 0 Research Projects 79800 0 0 Student Athlete Initiatives 32584 0 0 Championship Enhacement 618 0 0 Media Events 1106704 Sponsorship Program 1427705 0 1106704 677089043 1 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 250 0 1 66 1 0 0 0 0 0 0 0 0 0 0 1 0 X 14 0 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 0 IL X Laura Anderson 8476961010 5440 Park Place Rosemont IL 60018 Morton Schapiro Chair 4.00 40.00 X 0 1647491 610105 Michael McRobbie Director 2.00 40.00 X 0 857499 576740 Mark S Schlissel Director 2.00 40.00 X 0 833424 397344 Eric J Barron Director 2.00 45.00 X 0 1127949 48380 Joan TA Gabel Director 2.00 40.00 X 0 663630 277128 Mitch Daniels Director 2.00 40.00 X 0 912363 77897 Samuel Stanley Director 2.00 40.00 X 0 758781 44029 Robert Jones Director 2.00 40.00 X 0 686111 37158 Rebecca M Blank Director 2.00 40.00 X 0 542861 95370 Darryll Pines Director 2.00 40.00 X 0 519756 61559 Bruce Harreld Director 2.00 40.00 X 0 503715 55496 Jonathan Holloway Director 2.00 40.00 X 0 509881 14179 Michael V Drake Director (until 7/31/20) 2.00 40.00 X 0 810714 72514 Ronald Green Director 2.00 40.00 X 0 476126 48834 Kristina Johnson Director 2.00 40.00 X 0 385204 35016 Kevin Warren Commissioner 40.00 0.00 X 2902106 0 572656 Chad Hawley Secretary 40.00 0.00 X 217528 0 46548 Julie Suderman Treasurer 40.00 0.00 X 206579 0 54647 Diane Dietz Deputy Commissioner 40.00 0.00 X 390977 0 49607 Tshneka Tate General Counsel (until 1/15/21) 40.00 0.00 X 270840 0 8899 Wendy Fallen Assoc. Commissioner, Sports Admin. 40.00 0.00 X 203136 0 53144 Rick Boyages Assoc. Commissioner, Mens Basketball 40.00 0.00 X 228333 0 57464 Jessica Palermo Chief of Staff 40.00 0.00 X 185298 0 32948 Eric W Kaler Former Director 0.00 0.00 X 0 532682 390187 Lou Anna K Simon Former Director 0.00 0.00 X 0 816667 0 Wallace Loh Former Director 0.00 0.00 X 0 712791 37514 Robert Barchi Former Director 0.00 0.00 X 0 360081 0 James E Delany Former Commissioner 0.00 0.00 X 4679210 0 2839954 Brad Traviolia Former COO 0.00 0.00 X 586933 0 36622 9870940 13657726 6631939 22 1 1 0 Jones Day 90 S 7th Street Suite 4950 Minneapolis MN 55402 Legal Services 2057251 CRA International Inc PO Box 845960 Boston MA 02284 Information Technology 1017932 Teamworks Media 1 East Wacker Drive Suite 1620 Chicago IL 60601 Advertising and Media Production 872000 Mayer Brown 2027 Collection Center Chicago IL 60693 Legal Services 745459 DVSport 1 Penn Center West Ste 200 Pittsburgh PA 15276 Officiating Technology 566950 32 Sports Revenue 900099 583371691 583371691 Operating Revenue 900099 29732535 29732535 University Assessments 900099 1190000 1190000 Sponsorship & Media Events 900099 1106704 1106704 Championship Events 900099 110021 110021 615510951 62850192 62850192 746780 746780 713464 0 713464 713464 713464 17183 17183 17183 679838570 615510951 0 64327619 670938344 670938344 3844895 3844895 6857267 6857267 218400 218400 1077134 1077134 1110354 1110354 6369184 6369184 123330 123330 302400 302400 3253692 3253692 193074 193074 264262 264262 603823 603823 919036 919036 651718 651718 10140 10140 1528166 1528166 1187403 1187403 512697 512697 Officiating 2704219 2704219 Championship Events 2018775 2018775 Programming Initiatives 1163052 1163052 Conference Office Progr 152269 152269 447687 112384 335303 706451321 677089043 29362278 0 61365844 53414799 1158061 0 5211998 3387236 173397903 144498252 353112 371672 26276782 11490961 15708782 14785821 25767498 17512136 42877464 137990806 2328953 4398304 539838 2582832 328709453 378941858 3862475 8526916 97384 306426 38000000 36000000 90515093 67670635 132474952 112503977 X 181138617 248925745 15095884 17512136 196234501 266437881 328709453 378941858 X -26612751 1702789 95113342 X 0 1 X 1 0 X X 14 University of Illinois 376000511 6 1 48986292 0 Indiana University 356001673 6 1 48902864 0 University of Iowa 426004813 6 1 48977864 0 University of Maryland-College Park 526002033 6 1 43190258 0 University of Michigan 386006309 6 1 49077864 0 Michigan State University 386005984 6 1 48977864 0 University of Minnesota 416007513 6 1 48902864 0 University of Nebraska-Lincoln 470049123 6 1 46002896 0 Northwestern University 362167817 2 1 48902864 0 Ohio State University 316025986 6 1 48977864 0 Pennsylvania State University 246000376 6 1 48892864 0 Purdue University 356002041 6 1 48977864 0 Rutgers The State Univ of New Jersey 226001086 6 1 43190258 0 University of Wisconsin 391805963 6 1 48977864 0 14 670938344 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 302400 302400 0 Part II-B, Line 1: The Big Ten Conference engages lobbyists to discuss student athlete initiatives with elected officials. 1500475 1500475 15363889 2880729 12483160 209370 140407 68963 5767548 5034325 733223 3435500 3435500 0 14785821 Investment in Big Ten Network Holdings, LLC 137326806 C Investment in BTMP Holdings, LLC 664000 C 137990806 Due to Member Schools 44085261 Post Retirement Benefits 3529076 Accrued Excise Tax Payable (*See Part XIII) 4628298 Accrued Payroll Tax Payable (*See Part XIII) 399030 Accrued Benefit/Deferred Compensation (*See Part XIII) 15028970 67670635 X 193283010 1702789 156071842 157774631 35508379 644330191 644330191 679838570 36179979 0 36179979 670271342 670271342 706451321 Part X, Line 2: The Conference is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law, except for taxes pertaining to unrelated business income. The accounting standard on uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Conference may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Conference and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities during the periods covered by these consolidated financial statements. The Conference files Form 990 in the U.S. federal jurisdiction and in various states. Part XI, Line 2d - Other Adjustments: Income from Equity Investments 156,071,842. Part XI, Line 4b - Other Adjustments: Amounts Collected for Benefit of Member Schools 583,371,691. Big Ten Network Holdings, LLC Dividend 60,958,500. Part XII, Line 4b - Other Adjustments: Amounts Remitted to Member Schools 670,271,342. Part X, Line 1: Accrued Benefit/Deferred Compensation: In July 2015, Commissioner Delany became eligible for future bonus payments pursuant to his employment contract. Accordingly, in fiscal year 2016, the Conference accrued the future liability and continues to relieve that liability as payments are made. Accrued Payroll Tax Payable: In addition to the future liability arising from the deferred compensation, the Conference also accrued a liability for the related payroll tax from the payment of the deferred compensation. Excise Tax Payable: The Tax Cuts and Jobs Act, which was enacted on December 22, 2017, provided that certain tax exempt organizations would be subject to a 21% excise tax if they paid an employee more than $1 million in annual compensation. This tax provision was effective for our tax year beginning July 1, 2020 and ending June 30, 2021 and the organization has accrued the future excise tax liability during the current fiscal year. Due to Member Schools: At the end of the fiscal year, the Conference knew of certain amounts that would be distributed to member schools, upon receipt of cash payments. These amounts were accrued as Due to Member Schools at fiscal year end and paid shortly thereafter, upon receipt of payments from third parties. 1 University of Illinois 509 South Fourth Street Champaign IL 61820 376000511 State of Illinois 48986292 To support the missions of member institutions Indiana University 107 South Indiana Avenue Bloomington IN 47405 356001673 State of Indiana 48902864 To support the missions of member institutions University of Iowa 1 Jessup Hall Iowa City IA 52242 426004813 State of Iowa 48977864 To support the missions of member institutions University of Maryland-College Park Mitchell Building College Park MD 20742 526002033 State of Maryland 43190258 To support the missions of member institutions University of Michigan 412 Maynard Street Ann Arbor MI 48109 386006309 State of Michigan 49077864 To support the missions of member institutions Michigan State University 2216 East Michigan Avenue East Lansing MI 48824 386005984 State of Michigan 48977864 To support the missions of member institutions University of Minnesota 2221 University Avenue SE Suite 100 100 Minneapolis MN 55414 416007513 State of Minnesota 48902864 To support the missions of member institutions University of Nebraska-Lincoln Administration Building 201 Lincoln NE 68588 470049123 State of Nebraska 46002896 To support the missions of member institutions Northwestern University 633 Clark Street Evanston IL 60208 362167817 501(c)(3) 48902864 To support the missions of member institutions Ohio State University Enarson Hall 154 West 12th Avenue Columbus OH 43210 316025986 State of Ohio 48977864 To support the missions of member institutions Pennsylvania State University 201 Old Main University Park PA 16802 246000376 State of Penn. 48892864 To support the missions of member institutions Purdue University 610 Purdue Mall West LaFayette IN 47907 356002041 State of Indiana 48977864 To support the missions of member institutions Rutgers The State University of New Jersey 57 US Highway 1 New Brunswick NJ 08901 226001086 State of New Jersey 43190258 To support the missions of member institutions University of Wisconsin 333 East Campus Mall 10101 Madison WI 53715 391805963 State of Wisconsin 48977864 To support the missions of member institutions 14 0 Part I, Line 2: The Big Ten Conference acts as an intermediary and collects cash receipts on behalf of the member schools from television contracts, bowl games, football championship games, and basketball tournaments, and remits such amounts to member schools. Since it is a pass-through organization, rather than grant giving, the Big Ten Conference does not attach parameters to or require reporting on how the funds are utilized. The monies can be used at the member schools' discretion to pursue their independent missions. The Council of Presidents/Chancellors approved the allocation of $32,643 to each university toward the creation of internship opportunities earmarked to promote diversity in intercollegiate athletics. The use of these funds is at the discretion of each institution; however the funds must be used to create new internship opportunities. The goal of the program is to provide the intern exposure and experience to athletic administration that could prepare the individual for an entry-level administration position in college athletics. X X 1 1 X X X X 1 1 0 0 0 0 0 0 0 James E Delany Former Commissioner 1629885 0 2965369 0 83956 0 2826620 0 13334 0 7519164 0 2806670 0 Kevin Warren Commissioner 2899784 0 0 0 2322 0 550000 0 22656 0 3474762 0 0 0 Morton Schapiro Chair 0 1021531 0 233333 0 392627 0 346051 0 264054 0 2257596 0 216667 Michael McRobbie Director 0 612892 0 72782 0 171825 0 493126 0 83614 0 1434239 0 62552 Mark S Schlissel Director 0 833221 0 0 0 203 0 348500 0 48844 0 1230768 0 0 Eric J Barron Director 0 855228 0 0 0 272721 0 26477 0 21903 0 1176329 0 0 Mitch Daniels Director 0 409271 0 191573 0 311519 0 28500 0 49397 0 990260 0 0 Joan TA Gabel Director 0 638086 0 0 0 25544 0 178500 0 98628 0 940758 0 0 Eric W Kaler Former Director 0 528017 0 0 0 4665 0 362050 0 28137 0 922869 0 0 Michael V Drake Director (until 7/31/20) 0 471595 0 133792 0 205327 0 59446 0 13068 0 883228 0 0 Lou Anna K Simon Former Director 0 0 0 0 0 816667 0 0 0 0 0 816667 0 0 Samuel Stanley Director 0 757716 0 0 0 1065 0 28500 0 15529 0 802810 0 0 Wallace Loh Former Director 0 712791 0 0 0 0 0 20663 0 16851 0 750305 0 0 Robert Jones Director 0 676839 0 0 0 9272 0 9738 0 27420 0 723269 0 0 Rebecca M Blank Director 0 542861 0 0 0 0 0 29176 0 66194 0 638231 0 0 Brad Traviolia Former COO 246478 0 0 0 340455 0 9975 0 26647 0 623555 0 0 0 Darryll Pines Director 0 519756 0 0 0 0 0 40156 0 21403 0 581315 0 0 Bruce Harreld Director 0 486515 0 0 0 17200 0 28500 0 26996 0 559211 0 0 Ronald Green Director 0 475765 0 0 0 361 0 22400 0 26434 0 524960 0 0 Jonathan Holloway Director 0 324143 0 185000 0 738 0 0 0 14179 0 524060 0 0 Diane Dietz Deputy Commissioner 389393 0 0 0 1584 0 39900 0 9707 0 440584 0 0 0 Kristina Johnson Director 0 244981 0 0 0 140223 0 31059 0 3957 0 420220 0 0 Robert Barchi Former Director 0 360081 0 0 0 0 0 0 0 0 0 360081 0 0 Rick Boyages Assoc. Commissioner, Mens Basketball 227301 0 0 0 1032 0 30817 0 26647 0 285797 0 0 0 Tshneka Tate General Counsel (until 1/15/21) 270675 0 0 0 165 0 0 0 8899 0 279739 0 0 0 Chad Hawley Secretary 217288 0 0 0 240 0 28822 0 17726 0 264076 0 0 0 Julie Suderman Treasurer 206219 0 0 0 360 0 28000 0 26647 0 261226 0 0 0 Wendy Fallen Assoc. Commissioner, Sports Admin. 196736 0 0 0 6400 0 26497 0 26647 0 256280 0 0 0 Jessica Palermo Chief of Staff 185123 0 0 0 175 0 23240 0 9708 0 218246 0 0 0 Part I, Line 1a First class travel is used by the Commissioner for travel to member institutions and other locations where conference business may be conducted. Other conference employees may also travel first class with approval of the Commissioner and where business needs dictate. These expenses constitute normal and customary business travel and thus are not treated as taxable compensation. James E. Delany received the following taxable benefits: Social club dues - $1,515 Part I, Lines 4a-b James E. Delany accrued deferred compensation of $2,806,670 for a non-qualified deferred compensation plan. Delany was paid $2,965,369 during the year as part of the plan. Kevin Warren participated in a supplemental non-qualified retirement plan during the year. Warren accured $550,000 of deferred compensation. Morton O. Schapiro, President of Northwestern University, participates in a 457(f) nonqualified retirement plan and the amounts are subject to substantial risk of forfeiture and vest after a number of years. Michael McRobbie, President of Indiana University, accrued deferred compensation of $300,000 for a supplemental non-qualified retirement plan. Mark Schlissel, President of the University of Michigan, has a non-qualified deferred compensation arrangement of $500,000 over 5 years with $100,000 accruing to him annually subject to a substantial risk of forfeiture. Lou Anna K. Simon received severance payments totaling $816,667. Brad Traviolia received severance payments totaling $340,271 and a retirement contribution of $29,925. Form 990, Part VI, Section A, line 6 The Big Ten Conference, Inc. is made up of 14 member institutions who receive distributions from the organization. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by our external tax advisor with data provided by our organization. A draft of the Form 990 is provided to management for review and comment. The reviewed Form 990 is then presented to the audit committee for their review. The Form 990 is then provided to the organization's governing body before it is filed. Form 990, Part VI, Section B, line 12c Each employee is provided a copy of the conflict of interest policy and must complete, sign and date a disclosure statement at the beginning of his or her term of service or employment, and the beginning of each fiscal year thereafter. The Budget Committee reviews and monitors the conflict of interest policy on an annual basis. Form 990, Part VI, Section B, line 15a A thorough compensation study is performed every few years for the Commissioner's position by an independent third party. The last compensation study was performed in 2016. The results were presented to the Board of Directors who have the authority to approve any compensation changes. A less formalized process is in place for all other positions. Human Resources and Finance will present all compensation recommendations to the Commissioner who has the ultimate authority to approve. Compensation adjustments are broadly based upon performance reviews, outside market research, and informal surveys of other conferences to obtain compensation for similar positions. Form 990, Part VI, Section C, line 19 The Conference makes its Form 990 available to the public upon request for the same period of disclosure as set forth in IRC Section 6104(d). The Conference does not make its financial statements or conflict of interest policy available to the public. The governing documents are on file with the State of Delaware. Form 990, Part XI, line 9: Big Ten Network Holdings, LLC Dividend -60,958,500. Income from Equity Investments 156,071,842. BTMP Holdings LLC 5440 Park Place Rosemont IL 60018 352621520 Holding Company DE 0 0 The Big Ten Conference Inc University of Illinois 509 South Fourth Street Champaign IL 61820 376000511 Public University IL N/A 0 Indiana University 107 South Indiana Avenue Bloomington IN 47405 356001673 Public University IN N/A 0 University of Iowa 1 Jessup Hall Iowa City IA 52242 426004813 Public University IA N/A 0 University of Maryland Mitchell Building College Park MD 20742 526002033 Public University MD N/A 0 University of Michigan 412 Maynard Street Ann Arbor MI 48109 386006309 Public University MI N/A 0 Michigan State University 2216 East Michigan Avenue East Lansing MI 48824 386005984 Public University MI N/A 0 University of Minnesota 2221 University Avenue SE Suite 100 Minneapolis MN 55414 416007513 Public University MN N/A 0 Northwestern University 633 Clark Street Evanston IL 60208 362167817 Private University IL 501(c)(3) Line 2 N/A 0 Ohio State University Enarson Hall 154 West 12th Avenue Columbus OH 43210 316025986 Public University OH N/A 0 Pennsylvania State University 201 Old Main University Park PA 16802 246000376 Public University PA N/A 0 Purdue University 610 Purdue Mall West LaFayette IN 47907 356002041 Public University IN N/A 0 Rutgers The State University of New Jersey 57 US Highway 1 New Brunswick NJ 08901 226001086 Public University NJ N/A 0 University of Wisconsin 333 East Campus Mall 10101 Madison WI 53715 391805963 Public University WI N/A 0 University of Nebraska-Lincoln Administration Building 201 Lincoln NE 68588 470049123 Public University NE N/A 0 Big Ten Media Properties LLC 5440 Park Place Rosemont IL 60018 814013993 Sale of media and sponsorship rights DE BTMP Holdings LLC Related 0 0 0.80000 Big Ten Network Holdings LLC 5440 Park Place Rosemont IL 60018 208671841 Holding Company IL The Big Ten Conference Inc C 139780110 1.00000 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 University of Illinois B 48986292 Cash Indiana University B 48902864 Cash University of Iowa B 48977864 Cash University of Maryland-College Park B 43190258 Cash University of Michigan B 49077864 Cash Michigan State University B 48977864 Cash University of Minnesota B 48902864 Cash University of Nebraska B 46002896 Cash Northwestern University B 48902864 Cash Ohio State University B 48977864 Cash Pennsylvania State University B 48892864 Cash Purdue University B 48977864 Cash Rutgers The State University of New Jersey B 43190258 Cash University of Wisconsin B 48977864 Cash Big Ten Network Holding LLC F 60958500 Cash